The House passed by a vote of 263 to 162 H.R. 650, the Preserving Access to Manufactured Housing Act of 2015, a bill to protect the availability of financing for affordable manufactured housing sponsored by Rep. Stephen Fincher (R-TN). The Consumer Financial Protection Bureau released guidelines in 2013 that went into effect last year to expand the range of loan products considered to be “high-cost” under the Home Ownership and Equity Protection Act. H.R. 650 makes two changes to these regulations.
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